About This Property
Mission Bay offers 360 low-income units in Viera, Florida, serving families through a mix of 96 one-bedroom, 184 two-bedroom, and 80 three-bedroom apartments. The property has been in service since 2003 and utilizes 4% Low-Income Housing Tax Credits and tax-exempt bond financing.
Property Details
Fair Market Rent - Brevard County, FL
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,034 |
| 1 Bedroom | $1,214 |
| 2 Bedroom | $1,434 |
| 3 Bedroom | $1,938 |
| 4 Bedroom | $2,263 |
Income Limits - Brevard County, FL
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,300
- Very Low (50%)
- $25,450
- Low (80%)
- $40,700
- Extremely Low (30%)
- $17,450
- Very Low (50%)
- $29,050
- Low (80%)
- $46,500
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,700
- Low (80%)
- $52,300
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,300
- Low (80%)
- $58,100
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,250
- Low (80%)
- $62,750
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $42,150
- Low (80%)
- $67,400
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $45,050
- Low (80%)
- $72,050
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $47,950
- Low (80%)
- $76,700
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,300 | $25,450 | $40,700 |
| 2 Persons | $17,450 | $29,050 | $46,500 |
| 3 Persons | $21,960 | $32,700 | $52,300 |
| 4 Persons | $26,500 | $36,300 | $58,100 |
| 5 Persons | $31,040 | $39,250 | $62,750 |
| 6 Persons | $35,580 | $42,150 | $67,400 |
| 7 Persons | $40,120 | $45,050 | $72,050 |
| 8 Persons | $44,660 | $47,950 | $76,700 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Viera, FL?+
The Fair Market Rent (FMR) for Brevard County, FL is: $1034 (Studio), $1214 (1BR), $1434 (2BR), $1938 (3BR), $2263 (4BR). Actual rent at subsidized properties like Mission Bay is typically 30% of household income or less.
What size apartments are available at Mission Bay?+
Mission Bay offers the following unit types: 96 One-Bedroom, 184 Two-Bedroom, 80 Three-Bedroom units, for a total of 360 units.
Who is eligible to live at Mission Bay?+
Mission Bay primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Mission Bay?+
Mission Bay is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Mission Bay?+
Mission Bay is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
What is the price range for apartments in Viera, FL?+
Based on Fair Market Rent for Brevard County, the estimated price range is: 1-bedroom: $1214, 2-bedroom: $1434, 3-bedroom: $1938. Actual rent at Mission Bay may be lower for income-eligible households.
What are the income limits for affordable housing in Brevard County, FL?+
For a 4-person household in Brevard County, FL, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,300, Low Income (80% AMI): $58,100. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
